Affordable Housing is a top priority for Mayor Indya Kincannon's administration. In Mayor Kincannon's first budget, for 2020-21, she appropriated $7.5 million to support affordable housing in Knoxville, including continuing the City’s investment of $2.5 million in the Affordable Rental Development Fund (ARDF) to support the creation of new affordable and workforce housing.
Mayor Kincannon's proposed
2021-22 Budget includes the creation of an
Affordable Housing Fund that commits a minimum of $5 million per year for the next 10 years to support the development of affordable housing. The proposal is to allocate $8 million in the first year, including $1.5 million for
permanent supportive housing.
Affordable housing also includes helping people buy and maintain their existing home. The City of Knoxville does that through the
Homemakers Program,
Owner-Occupied Home Rehabilitation,
other City programs and by supporting programs operated by community groups like the Knoxville Area Urban League.
Mayor Kincannon's investment in affordable housing builds on efforts of her predecessor, Mayor Madeline Rogero.
This article from September 2019 provides a comprehensive overview of the City’s investment in affordable housing projects and programs during Mayor Rogero’s term.
Below are affordable housing developments that have received funds from the City’s Affordable Rental Development Fund (ARDF), Knoxville's Affordable Housing Fund, and / or a combination of local funds and federal HUD (CDBG, HOME, HOME ARP) funds:
| COMPLETED PROJECTS |
1ST DISTRICT
Southside Flats
• 2727 Fort Stanley Way
• 172 affordable rental units
• Opened April 2020
• Elmington Capital Group
• $540,000 HOME
• $360,000 ARDF
Young High Flats
• 121 E. Young High Pike
• 156 affordable rental units
• Opened Nov. 2020
• Elmington Capital Group
• $1.3 million ARDF
2ND DISTRICT
Moss Grove Apartments
• 9304 Sapling Grove Way
• 192 affordable rental units
• Opened early 2022
• Elmington Capital Group
• $950,000 ARDF
Restoration House
• 2205 Village Pl Way
• 30 affordable rental units for single mothers
• Restoration House
• $180,000 ARDF
Flats at Pond Gap
• 817 Hollywood Rd.
• 102 affordable rental units
• Opened May 2021
• Elmington Capital Group
• $555,000 ARDF
3RD DISTRICT
Middlebrook Gardens
• 3720 Middlebrook Pike
• 10 units of supportive housing for military veterans
• Opened Oct. 2018
• Helen Ross McNabb
• $300,000 ARDF
The Cottages at Clifton Road
• Clifton Rd. NW
• 53 units for low-income seniors
• Opened Nov. 2019
• KCDC
• $1.2 million ARDF
5TH DISTRICT
Central Terrace
• 4502 Fennel Road
• 112 affordable 2- and 3-bedroom apartments
• Southeast Capital
• $2,065,000 ARDF with 30-year affordability period
• Opened Aug. 2024
Inskip Flats
• Inskip Drive and Elder Road
• 66 affordable rental units
• Inskip Flats, L.P.
• $1.98 million ARDF
• Opened September 2023
4TH DISTRICT
Dogwood Springs
• Mineral Springs Ave.
• 51 units of senior housing with access to McNabb services
• Opened July 2022
• $1.5 million ARDF
6TH DISTRICT
Dogan Gaither Flats
• 211 Jessamine
• 16 affordable rental units with support services for ex-offenders
• Opened March 2021
• 4th Purpose Foundation, Men of Valor
• $480,000 ARDF
Five Points Revitalization
• 2061 Bethel Ave.
• 373 affordable rental units
• Completed in 2020
• KCDC
• $13 million
The Village at Holston Court
• Holston Dr.
• 24 units of supportive housing for seniors and people with disabilities
• Homesource East Tennessee
• $100,000 of CDBG
• $325,000 in HOME
• $525,000 in HOME
• $380,000 ARDF
• Opened July 2020
Burlington Commons
• 4530 Holston Dr.
• 49 affordable rental units
• Southeast Capital
• $1.47 million ARDF
• Opened Nov. 2021
The Ammons at Asheville Highway
• 4625 Asheville Hwy
• 80 affordable rental units
• Southeast Capital, LLC
• $2 million ARDF for construction and a 30-year forgivable loan
• Opened April 2023
Caswell Manor
• 1501 E. Fifth Avenue
• 48 units of supportive housing for formerly homeless men and women
• Volunteer Ministry Center
• $1.44 million ARDF
• Opened May 2023
|
| UNDER CONSTRUCTION |
3RD DISTRICT
Callahan Flats
• 1511 Callahan Drive
• 30 affordable 2-3 bedroom rental units
• $900,000 ARDF and
• 58 one-bedroom units for people with disabilities
• $2.9 million HUD HOME ARP
5TH DISTRICT
Grosvenor Square
• 3782 Decoration Way
• 184 affordable apartments: 12 one-bed,
one-bath units; 100 two-bed, two-bath units; and 72
three-bed two-bath units.
• DGA Residential
• $1.75 million ARDF; 40-year affordability period
6TH DISTRICT
First Creek at Austin (formerly Austin Homes)
• 957 E Hill Ave.
• 438 affordable rental units
• KCDC
• Funding for infrastructure from the Knoxville Affordable Housing Fund
• Phase 1: $4.25 million
• Phase 2: $4.5 million
• Phase 3: $3.8 million
• Phase 4: $1.5 million from the ARDF for 161 units, including 50 permanent supportive housing units for seniors
Five Points Infill
• 10 affordable, 4-5 bedroom units each, on Ben Hur, Louise and Chestnut streets
• KCDC
• $300,000 ARDF
Liberty Place
• Liberty and Division streets
• KCDC
• 32 affordable units with on-site supportive services
• $500,000 ARDF
Riverside at Holston
• 2120 River Willow Way
• 96 affordable units; 48 two-bed two bath; 48 three-bed two bath
• DGA Residential
• $750,000 ARDF
|
| PLANNED PROJECTS |
6TH DISTRICT
Transforming Western
• 1702 Reed St.
• KCDC
• $26.5 million for infrastructure and mixed-income, including affordable housing
Phase 1: $4.2M, 76 units (approved Oct. 4, 2022)
Phase 2: $4.2M, (approved May 28, 2024)
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